El Molla Meets with IOC CEOs at ADIPEC

• Tuesday, 14th November 2017
• by Sarah Samir

The Minister of Petroleum and Mineral Resources, Tarek El Molla, held a series of meetings with CEOs of international oil companies (IOCs) on the sidelines of the Abu Dhabi International Petroleum Exhibition and C ...

Lukoil Targets New Projects in the Middle East

• Monday, 6th March 2017
• by Editorial Team

Russian oil giant Lukoil is targeting new projects in the United Arab Emirated (UAE), Iran, Oman and Kuwait as it plans to expand its operations in the Middle East.

No Iraqi Mandate for Lukoil to Cut Oil Output

• Wednesday, 21st December 2016
• by Egypt Oil & Gas

The head of Russian oil company Lukoil, Vagit Alekperov, said that the firm has not received any directives from the Iraqi government in Baghdad to curb oil production for 2017.

Iran, Russia Signed MoUs

• Sunday, 20th November 2016
• by Egypt Oil & Gas

National Iranian Oil Company (NIOC) has signed memorandums of understanding (MoU) with the Lukoil, Tatneft and Zarubezhneft of Russia.

Iran, Russia to Review New Deals

• Sunday, 13th November 2016
• by Egypt Oil & Gas

Tehran will host the upcoming Russian-Iranian intergovernmental commission on trade and economic cooperation during December, to discuss financial and technical models of a new contract with Russian firms.

Russia to Develop Iranian Oil Field

• Monday, 10th October 2016
• by Egypt Oil & Gas

Russia's Tatneft and the National Iranian Oil Company (NIOC) signed a preliminary agreement to cooperate on the development of the Dehloran oil field which is located 120km from west of Dezful in western Iran.

Iraq to Review Oil Foreign Contracts

• Tuesday, 23rd August 2016
• by Egypt Oil & Gas

Iraqi Oil Minister, Jabar Ali Al-Luaibi, stated that Baghdad wants to review contracts with oil companies to cut the fees that the firms receive when crude prices are low.

Russia’s Lukoil, Gazprom to Develop Iran’s Oil Fields

• Wednesday, 17th August 2016
• by Egypt Oil & Gas

Russia oil firms Lukoil and Gazprom plan to invest in the development of three oil fields in Iran, with Gazprom finalizing their agreement with the National Iranian Gas Company.

Eni Plans to Sell 20% of Zohr Field

• Sunday, 14th August 2016
• by Sarah Samir

Italy's Eni plans to sell at least a 20% stake in Zohr field in Egypt to different oil companies including Russian Lukoil, US ExxonMobil, French Total, and UK's British Petroleum in order to raise around $5.5b from a ...

Iraq Reached $3.6b Foreign Oil Investment Deal

• Sunday, 14th August 2016
• by Egypt Oil & Gas

Iraq has reached an agreement with BP, Shell, and Lukoil to restart stalled investment in oil fields that the firms are developing, allowing projects that were halted this year to resume and crude production to incre ...